All Sackers articles – Page 11
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FeaturesRoyal Mail and M&S trim trustees to reflect membership
The Royal Mail and Marks & Spencer pension schemes have reduced the size of their trustee boards to ensure they are more representative of their membership.
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FeaturesTesco consults with unions to reduce costs
The retail giant's scheme is consulting with trade unions on changes to its retirement age and indexation, in an attempt to achieve member consent for these savings.
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FeaturesHow BBC’s Care scheme signed up 8,000 members
As the deadline passes for BBC staff to sign up to the corporation’s new career average revalued earnings (Care) plan, Anna Lyudviganalyses how schemes can manage such a move.
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Features
Saul avoids member backlash in switch to Care
The £1.5bn multi-employer scheme for academics has avoided the problems experienced by Unilever in switching to a career-average framework, by being flexible in negotiations with stakeholders
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FeaturesBA targets better comms after RPI-CPI troubles
The £6.4bn airline’s scheme has changed its communications strategy to manage the risk of a disengaged workforce following a high-profile protest against its divisive indexation switch
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Features
CPI legislation will increase scheme costs
Schemes which revalue benefits according to the retail prices index (RPI) will face the increased costs of a double calculation under the government’s final plans for scheme indexation.
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Features
Managers tussle with growing CPI complexity
As Unison considers joining the public sector juridical review of the RPI-CPI shift, schemes face growing fairness and practical challenges on amending benefits, lawyers have warned.